Freehold Guest House For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this fine bed & breakfast guest house. The Kimberley Hotel has been in the careful ownership of our clients since 2002, during which time it has been completely refurbished to a modern and contemporary style, offering full en-suite facilities throughout. The Kimberley Hotel has an impressive turnover currently achieving £42,000 per annum achieving a gross profit of 80%. The hotel only trades for 9 months of the year and benefits from a good degree of loyal repeat bookings, which amounts to approximately 60% of the turnover. The hotel is currently run at a pace to suit our clients and has enormous scope for growth, as there is a market for opening the restaurant to non-residents during the day and offering full and half board to its regular customer base. The hotel boasts a 4 star rating, which it has awarded over a year ago. Early viewing of this thriving bed and breakfast guest house is essential to appreciate the quality and future potential of the business.

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS Brick built, 5 storey building, briefly comprising: GROUND FLOOR Main front entrance leading to inner hall Main dining room with 22 covers and sea views Rear lounge with fully equipped bar and oak floor Staircase to basement with fully fitted kitchen and owners' accommodation comprising: Lounge with large walk-in storage area Large storage area housing central heating boiler (14 months old) Double bedroom Bathroom Utility area FIRST FLOOR W/C 1 double en-suite bedroom which can be adapted to a twin room 1 family room Stunning sea views All rooms have coffee and tea making facilities Landing and staircase to second floor SECOND FLOOR Landing 2 double en-suite bedrooms 1 family en-suite bedroom Stunning sea views All rooms have TV and coffee and tea making facilities Staircase leading to third floor landing THIRD FLOOR 2 double en-suite bedrooms 1 family en-suite bedroom Stunning sea views All with TV and coffee and tea making facilities EXTERNAL Car parking to the front for 8 cars Front terrace with decking and chairs To the rear is an enclosed patio area with seating Steps to main entrance

Location:

The Kimberley Hotel is ideally located, in a prime trading position with stunning sea views, on Queens Pardade in Scarborough. The business is situated within a row of complementary hotels overlooking the North Bay. Scarborough is currently enjoying large investment in new attractions, which is bringing ever increasing numbers to the area. The town enjoys good road links via the A64 from York and the A1011 to Bridlington and Filey.

Other information

Trading hours:

To suit

Contact the seller